ASUU demands Okogie account for N100b annual University stabilisation fund

 THE Academic Staff Union of
Universities, ASUU, Monday, urged the
Economic and Financial Crimes
Commission, EFCC, to prevail on the
executive secretary of the National
Universities Commission, NUC, to account
for the N100 billion annual stabilization
fund provided by the Federal Government
to the Commission for improvement of
facilities in the nation’s government –
owned universities.
Chairman of the Nsukka Zone of ASUU,
Dr. Chidi Osuagwu, at a media briefing on
the on-going strike action embarked upon
by university lecturers in the country at the
Nnamdi Azikiwe University, Awka, accused
the NUC boss of being a cog in the wheel of
university education and development in
Nigeria, adding that the strike would not
have become necessary if the annual
stabilization fund was properly managed.
He said: “We have not seen anything done
with the stabilization fund. If the NUC has
been spending the money as expected,
there would not have been this strike in the
first place as the issues demanded by ASUU
would have been taken care of.